Toll-Free: 1-888-614-7730
Phone: (281) 842-8679
Toll Free: 1-888-614-7730

Should we have our employees sign non-disclosure agreements?

Whether or not you could benefit from using non-disclosure agreements (NDAs) depends on a number of factors, including which parties you will be sharing information with and what kind of information you have to share.

In Texas as well as in a number of other states, your trade secrets are already protected under the law to some extent. In addition, your patented, trademarked, and copyrighted information is also safe from others. However, a non-disclosure agreement can add a layer of protection to your trade secrets and protect any intellectual property that has not yet been officially registered or copyrighted.

 

Important Times to Utilize NDAs

  • When you are developing or inventing a new product or procedure.
  • When you are speaking with potential investors for a product or business.
  • When you are working with another company to create a new product or service.
  • When your employees will have access to information like customer purchases, financial information, and sales figures.
  • When you are working with an independent contractor who might also work for competitors.

In the best situations, a well-written NDA will keep your trade secrets and intellectual property properly guarded. In the worst situations – in which your secrets are shared, sold, or misused – an NDA gives you the ability to take legal action and possibly collect damages.

Would you like to learn more about non-disclosure agreements and the protection of company trade secrets and intellectual property? Follow The Voss Law Firm on Facebook. 

If No Recovery No Fee Guarenteed

The Voss Law Firm, P.C. represents clients on a local, national and international basis. We proudly serve companies and individuals along the Gulf Coast and around the globe on a contingency fee basis. Our law firm collects nothing unless we recover on our client's behalf.

Live Chat